Mangalam Alloys (NSE:MAL) Cash-to-Debt : 0.00 (As of Mar. 2024)

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What is Mangalam Alloys Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Mangalam Alloys's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Mangalam Alloys couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Mangalam Alloys's Cash-to-Debt or its related term are showing as below:

During the past 5 years, Mangalam Alloys's highest Cash to Debt Ratio was 0.02. The lowest was 0.00. And the median was 0.02.

NSE:MAL's Cash-to-Debt is not ranked ^*
in the Steel industry.
Industry Median: 0.385
* Ranked among companies with meaningful Cash-to-Debt only.

Mangalam Alloys Cash-to-Debt Historical Data

The historical data trend for Mangalam Alloys's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Mangalam Alloys Cash-to-Debt Chart

Mangalam Alloys Annual Data

Trend

Mar16

Mar17

Mar18

Mar23

Mar24

Cash-to-Debt

0.02

Mangalam Alloys Semi-Annual Data
	Mar16	Mar17	Mar18	Mar23	Mar24
Cash-to-Debt	0.02	0.02	0.02	-	-

Competitive Comparison of Mangalam Alloys's Cash-to-Debt

For the Steel subindustry, Mangalam Alloys's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mangalam Alloys's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mangalam Alloys's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Mangalam Alloys's Cash-to-Debt falls into.

Mangalam Alloys Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Mangalam Alloys's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1.181	/	(986.489	+	518.853)
	=	0.00

Mangalam Alloys's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1.181	/	(986.489	+	518.853)
	=	0.00

Mangalam Alloys (NSE:MAL) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Mangalam Alloys Cash-to-Debt Related Terms

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Mangalam Alloys Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mangalam Alloys Ltd (NSE:MAL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

GIDC Phase 3, Plot No. 3123-3126, Chattral, Gandhinagar, GJ, IND, 382729

Website

https://www.mangalamalloys.com

Mangalam Alloys Ltd is in the steel manufacturing industry. It is a stainless steel melting unit. Its products include Forging Ingots, Billets, Black Round Bar, Bright Round Bar, Angle Bars, Fasteners, Etc. It operates in one segment manufacturing stainless steel and higher alloy products segment.

Mangalam Alloys Headlines

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